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13 Aug 2017, 6:00 am
In the Title III context, a debtor contemplating a possible PPP project would be well-advised to incorporate such project into its fiscal plan early on and prominently highlight its benefits to all stakeholders, including creditors. [read post]
12 Aug 2017, 5:30 pm
Are you tired of creditors pulling the strings on your finances? [read post]
12 Aug 2017, 12:05 pm
Jackman, Inside ARM] Tags: debtor-creditor law, Seventh Circuit Knowledge of the law is no excuse, FDCPA edition is a post from Overlawyered - Chronicling the high cost of our legal system [read post]
11 Aug 2017, 1:30 pm
This situation was different from the situation in most states, which generally subject trust-owned assets to the claims of creditors. [read post]
11 Aug 2017, 1:30 pm
This situation was different from the situation in most states, which generally subject trust-owned assets to the claims of creditors. [read post]
11 Aug 2017, 1:30 pm
This situation was different from the situation in most states, which generally subject trust-owned assets to the claims of creditors. [read post]
11 Aug 2017, 12:52 pm
The accord, revealed at a hearing Friday in federal court in New York, will pit GM against the “Old GM” General Unsecured Creditors Trust ... [read post]
11 Aug 2017, 12:29 pm
Although it was named as a defendant, PGOL, as the debtor facing the loss of its only asset to its secured creditor, unsurprisingly did not oppose Levin and Shareff’s recharacterization claim and did not participate in the appellate process. [read post]
11 Aug 2017, 12:07 pm
Usually, your chances of collecting money from a driver who does not carry liability insurance are slim to none, owing to the generous exemptions provided under Texas law that allow most people to keep all of their assets away from creditors. [read post]
10 Aug 2017, 5:00 pm
As long as the mistake was not made in an attempt to delay, hinder, or defraud creditors, the error should not result in a denial of a discharge. [read post]
10 Aug 2017, 4:54 pm
Importantly, although the restrictions under Section 9-408 may permit a lender to take a perfected security interest in limited liability company interests despite contrary provisions in the organizational documents of the limited liability company, it does not necessarily mean that the secured creditor will have the right to enforce the security interest. [read post]
10 Aug 2017, 4:07 pm
While the goal is to pay back your creditors, there will still be room for you to spend money on your family, go on your summer vacation, and travel to your family reunion. [read post]
10 Aug 2017, 8:21 am
During a financial downturn, even secured creditors often find themselves with no real recourse. [read post]
10 Aug 2017, 8:21 am
During a financial downturn, even secured creditors often find themselves with no real recourse. [read post]
10 Aug 2017, 8:17 am
Creditors See Increased Risk A lender will see a bankruptcy as a sign that you have not made good financial decisions in the past. [read post]
10 Aug 2017, 5:48 am
” The types of relief available under § 726.108 are “subject to the limitations of §726.109,” which provides, among other things: Except as otherwise provided in this section, to the extent a transfer is voidable in an action by a creditor under s. 726.108(1)(a), the creditor may recover judgment for the value of the asset transferred, as adjusted under subsection (3), or the amount necessary to satisfy the creditor’s claim,… [read post]
8 Aug 2017, 5:25 pm
Estate administrative expense creditors, including the fiduciary, are unlikely to come within this list of exceptions to the federal priority. [read post]
8 Aug 2017, 5:15 pm
However, the creditor is accepting a loss on the loan. [read post]
8 Aug 2017, 5:15 pm
However, the creditor is accepting a loss on the loan. [read post]
8 Aug 2017, 1:18 pm
., holding a mortgagee solidarily liable with its mortgagor for the mortgagor’s actions—is legal error with far-reaching public policy consequences: Solidary liability between a lender and its borrower/owner for its actions will have a calamitous effect in Louisiana on banking and the relationship between creditors and debtors. . . . [read post]
